Mammoth Creek – Parcel C (C-27225)
What are trust lands?
Trust lands are parcels of land granted by Congress to Utah at statehood to support specific beneficiaries, including public schools, universities, hospitals, and reservoirs.  Trust lands are not public lands, but are generally open for public use, when possible. Trust lands were allocated specifically to generate revenue to support our beneficiaries. SITLA currently manages 3.3 million surface acres on behalf of our beneficiaries.
ONLINE BIDDING INFORMATION:
To register as a bidder or to place a bid, please see box to the right.
Bid Start Time for this Parcel:Â Thursday, November 14, 2024 – 11am MST
Bid End Time for this Parcel: Tuesday, November 19, 2024 – 11am MST
CLOSING COSTS:
The closing costs are expenses incurred to prepare the property for sale. A large portion of the costs is for the completion of a cultural resource survey, which is required by law.
These costs are in addition to the 10% down payment. All closing costs are due from the winning bidder within 24 hours after completion of the auction and cannot be financed.
TOTAL CLOSING COSTS FOR THIS PARCEL:Â $2,078.50
Beneficiary:
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Legal Description:
Township 37 South, Range 6 West, SLB&M
Section 1: S½S½NW¼NE¼SE¼
Location:
This property is located 3 miles southwest of the town of Hatch, near the Mammoth Creek Fish Hatchery in Garfield County.
GPS Points (to center of property):
Latitude 37.62091317
Longitude -112.47177552
Access:
There is currently no access to this parcel.
Additional Information:
This parcel is vegetated with conifer trees and is on a fairly steep slope (see picture of the hillside, south of fish hatchery). It is immediately adjacent to the Mammoth Creek subdivision.
Acreage:
2.50 acres, more or less
Water Rights:
None
Utilities:
Utilities are not on site, but are located nearby.
Zoning:
MU (Multiple Use)
Financing:
Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. A down payment of 10% and closing costs will be due at the auction. The remaining balance can be financed for up to a 20 year term.
During the time when the property is being financed (before a patent is issued), the county records will show the property as state trust lands with notices being sent in care of the purchaser.
Mineral Lease Encumbrances:
None
Surface Lease Encumbrances:
- Grazing Permit No. 32-17, issued to James McCormick (these lands will be removed from this grazing permit when the property is sold)
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified.
Disclosures:
- Please see the disclosure summary and the certificate of sale template document for general disclosures which apply to all parcels being offered for sale at this auction.
- All mineral rights will be reserved.
- The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.
- The Division of Emergency Management has submitted the following comment: “After review, it was determined that the development would not require a floodplain development permit. Although a floodplain development permit is not required, designing structures or other developments by being reasonably safe from flooding is a best practice. Low risk doesn’t mean no risk. Reasonably safe from flooding:
• Elevate the structure on fill
• Build-up, instead of below (no basement); here is the link to the National Flood Insurance Technical bulletins that provide guidance for building safely in a floodplain: https://www.fema.gov/emergency-managers/risk-management/buildingscience/
national-flood-insurance-technical-bulletins
Contact Tracie Harrison, State Floodplain Program Manager, at [email protected] or 385-499-2077 if you have any questions.” - The property will be conveyed subject to all valid existing rights.
